Bergos inks private equity deal with US asset manager

Asset manager Neuberger Berman has announced a collaboration to provide open-ended private equity vehicles to private bank Bergos.

The partnership gives Bergos clients access to opportunities within private equity. The collaboration is a direct response to the rise in demand for alternative investment solutions beyond traditional markets.

Neuberger Berman was founded in 1939 as an employee-owned investment manager. It currently employs over 2,800 people across 26 countries. The firm manages $538bn (CHF 430bn) in equity, fixed income, private equity, real estate and hedge fund portfolios. It is headquartered in New York.